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9.5¢ walkabout resources ltd

Ann: Appendix 5B - Quarterly Cash Flow Report, page-74

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SCL

323 Posts.

100

14/05/22

20:26

Post #: 61411471
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Originally posted by spid81 ↑

Hi Semi,

Yes, we are discussing WKT is yet to draw down on the loan, I have to wonder if WKT is yet to spend the US12mil required, or if there is some other reason why drawdown hasn't occurred - i.e - offtakes,
I have highlighted on a number of occasions that WKT may need to raise funds for working capital, to continue its developments and to process the drill results.

Then we have the conditions subsequent where no one knows when WKT needs to raise the 6 months of P&I or when the offtake agreements are required. It's pretty alarming that none of the T20 know when these critical items need to be completed. You all have said WKT management quickly answers these questions, Are you suggesting that no one has the foresight to ask Mike and the Team

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Last edited by SCL: 14/05/22

WKT Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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